|
REFINED, BLEACHED & DEODORISED (RBD) PALM OIL
RBD palm oil is obtained from refining crude palm oil. It is a light yellow
liquid and semi-solid at room temperature, melting to a clear yellow liquid on
slight heating.
RBD palm oil is used as frying oil for food industries such as instant noodles
and snack food. It can also be used in manufacture of margarine, shortening,
vanaspathy, ice cream, condensed milk and soap.
Specifications: PORAM
FFA (As Palmitic) 0.1% max.
M&I 0.1% max.
I.V (Wijs) 50-55
M.Pt degrees C (AOCS Cc 3-25) 33-39
Colour (5 1/4" Lovibond cell) 3 Red max.
Procedure for sale
1 The Buyer issue
LOI +
BCL to Sky's Queen
Commodities llc
2 Seller's Mandate send FCO
3 Buyer sign FCO and issue ICPO.
4 Seller send the draft contract (according to this procedure)
5 Buyer and Seller after signed the contract, send it by electronic mail.
6 Together with the signed contract, Buyer’s bank issue by swift MT760 BG plus
RDLC.
7 The seller shall issue 2% PB.
8 The Buyer Bank shall send hard copy by Couriers.
9 Delivery started within 45 days
TERMS OF PAYMENT:
Irrevocable, Assignable & Revolving Standby Letter of Credit (SBLC) VALUE FOR
ONE (1) MONTH
or
Irrevocable & Assignable Bank Guarantee plus Revolving Documentary Letter of
Credit for one
month value.
PERFORMANCE BOND: The Seller
will issue 2% Performance Bond for the amount of one month
bank instrument, in accordance to the T.T. Performance Bond will be made
operative base on
INCOTERM ICC 500 after the Seller Bank receives and confirmed bank instrument
LAY CAN: For the first delivery
within Forty Five (45) days after receiving and confirmation of
SBLC/BG
|